ORMOND BEACH MEMORIAL HOSPITAL AUXILIARY INC

EIN: 591721962 501(c)(3)

DAYTONA BEACH, FL

Total Revenue
$77,803
Total Expenses
$306,306
Total Assets
N/A
Net Assets
N/A
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
FL
Principal Officer
LUCIA BEGIN
Phone
3866154200
Tax Period
2021-01-01 to 2021-12-31

ORMOND BEACH MEMORIAL HOSPITAL AUXILIARY INC, founded in 1976, is a micro nonprofit that reported $78K in total revenue in fiscal year 2021. Revenue surged 52% from the prior year, signaling strong growth momentum. Expenses of $306K exceeded revenue, resulting in a 294% operating deficit.

Mission

FUND RAISING AND VOLUNTEER ACTIVITY FOR SUPPORTED HOSPITAL

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $35
Program Service Revenue $23,005
Investment Income $7
Other Revenue $54,756
TOTAL REVENUE $77,803

Expense Breakdown

Grants Paid $250,913
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $293,973
Other Expenses $55,393
TOTAL EXPENSES $306,306

Year-over-Year Comparison

2021 2020 Change
Revenue $77,803 $51,062 +0.5%
Expenses $306,306 $53,394 +4.7%
Net Income $-228,503 $-2,332 +97.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
168

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
8
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HORNAK BOB PRESIDENT 3.65
Officer Director
$0 $0 $0
ALEKSON PATRICIA BIRD CAGE GIFT SHOP CHAIR 3.23
Director
$0 $0 $0
BEGIN LUCIA GENERAL & GIFT SHOP TREASU 1.92
Officer Director
$0 $0 $0
BERNSTEIN ROSALIE PAST PRESIDENT/PUBLIC RELA 0.31
Director
$0 $0 $0
BISHOP JAMES PERSONNEL SECRETARY 0.92
Officer Director
$0 $0 $0
CARTER LINDA CANCER INSTITUTE CHAIR /VP 0.23
Officer Director
$0 $0 $0
EATON FLORENCE CORRESPONDING SECRETARY 0.33
Officer Director
$0 $0 $0
EATON JUDITH RECORDING SECRETARY 0.31
Officer Director
$0 $0 $0
JONES PATRICIA BIRD CAGE GIFT SHOP TREASU 2.17
Officer Director
$0 $0 $0
MCCARTHY JOHN THRIFT SHOP TREASURER 2.83
Officer Director
$0 $0 $0
PIRKLE KATHLEEN PUBLIC RELATION CHAIR 0.23
Director
$0 $0 $0
SEVCIK ARNOLD PINKADILLY THRIFT SHOP CHA 3.94
Director
$0 $0 $0
WHITE LINDA PARLIAMENTARIAN/BYLAWS & H 0.23
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2021 $77,803 $306,306 No data $-228,503
2020 $51,062 $53,394 $235,570 $-2,332
2019 $167,692 $123,971 $244,751 $43,721
2018 $160,241 $106,680 $268,178 $53,561
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